Singapore: MAS to Strengthen Defense Against Money Laundering Risks in Single Family Offices
The Monetary Authority of Singapore (MAS) recently launched a public consultation on a revised framework to strengthen surveillance and defence against money laundering (ML) risks in Singapore’s Single Family Office (SFO) sector. The revised framework will aim to “introduce a harmonized class exemption for SFOs… Read More
Read more in: Asia, Fintech | Tagged financial services, illicit activities, mas, monetary authority of singapore, money laundering, public consultation, singapore, southeast asia, surveillance, update